GLOSSARY
The Words This Chain Uses, And What They Actually Mean
25 terms that nothing outside SWSS defines. Several of them are deliberately not the word a reader expects: a DEED-1 is not an NFT, supply retirement is not a burn, and Acquisition Credit is not fractional ownership. Those are not preferences about style. Each one names a different thing from the word it replaces.
Every definition here is taken from the specification itself rather than written for this page. Anything that could not be sourced was left out.
Protocol and consensus
How blocks are ordered, agreed and proven.
- SCPSWSS Consensus Protocol
- The consensus protocol SwssChain runs. Four components work together to produce deterministic finality on a one second block: SAPE, DSA, PCA and BFTFA. The version a network is running is read from the network itself rather than from any document. Read more
- SAPEStratified Asset Prioritisation Engine
- The first component of SCP. Transactions are classified by asset type and stratified into priority bands before ordering, so a deed settlement is not queued behind unrelated traffic.
- DSADeterministic Sequencing Arbitration
- The second component of SCP. Transaction order is fixed mathematically rather than negotiated, so every validator derives the same sequence from the same inputs.
- PCAPredictive Commitment Architecture
- The third component of SCP. During the consensus round for one block the next block is already being assembled, which is how a one second block time is sustained rather than approached.
- BFTFAByzantine Fault Tolerant Finality Attestation
- The fourth component of SCP. The validator set attests the block and the attestation is aggregated into a single BLS signature, producing finality that is verifiable by anyone rather than asserted.
- SCP-ZK
- The settlement privacy layer that runs alongside SCP, allowing a settlement to be proven without publishing the detail of the parties and amounts involved.
- Finality Certificate
- A cryptographic receipt emitted for every settled DEED-1 transaction, produced by BFTFA and publicly verifiable on SWSS Scan. It is the artefact that makes a settlement checkable without taking anyone's word for it. Read more
Settlement and deeds
The instrument real world assets settle as.
- DEED-1
- The settlement standard for real world assets on SwssChain, and the name of the instrument itself in code, in database columns, in metadata and in every interface. It is never called an NFT, in any context: the word describes a different thing and invites the wrong expectations about what the holder owns. Read more
- Home Deed
- A DEED-1 instrument issued against residential property. A holder receives Acquisition Credit, not a share of the property: the distinction is deliberate and load bearing. Read more
- Acquisition Credit
- A value declared at issuance and contributed toward a fixed total acquisition price within a programme tier. It is what a Home Deed carries. It is not fractional ownership of a property, and describing it that way misstates what the holder holds. Read more
- Compute Deed
- A DEED-1 instrument issued against compute capacity on SWSS InfraX, settled and billed on chain like any other deed. Read more
Coin and economics
Supply, the levy and where demand comes from.
- SWSS Coin
- The native coin of SwssChain, used for gas, validator staking, governance and settlement. It is a coin, never a token: it is native to its own Layer 1 rather than issued on somebody else's. Read more
- Settlement Combustion ModelSCM
- The mechanism by which SWSS Coin supply contracts as the network is used. Three layers form one loop: settlement activity drives the Transactional Settlement Levy, the levy retires supply, and the Ecosystem Revenue Recirculation Protocol returns product revenue to the open market as acquisition. Read more
- Transactional Settlement Levy
- A micro fraction of every deed settlement, permanently retired from a fixed supply and enforced by the protocol itself rather than by a contract that could be changed. Read more
- supply retirement
- The permanent removal of coin from a fixed supply by the Transactional Settlement Levy. The ecosystem does not use the word burn for this, in documentation or in code: a burn describes an arbitrary destruction, and this is a protocol enforced consequence of settlement. Read more
- Ecosystem Revenue Recirculation ProtocolERRP
- Directs a share of product revenues to acquire SWSS Coin from the open market, creating activity driven demand that does not depend on speculative trading. Read more
- Stake Gravity Protocol
- Holds three position types in one contract, each new product introducing a staking tier. Two of the three are named for who holds them: a validator bond is NodeX collateral and a custodian bond is SWSS RWAX collateral. Read more
- Foundation Reserve
- One of the eleven supply allocations, held by SWSS Foundation and subject to structured vesting schedules rather than available at genesis. Read more
- wSWSS
- SWSS Coin wrapped one to one through SWSS Bridge so it can carry liquidity on exchanges outside SwssChain. The wrapper is a representation, not a second supply. Read more
Identity
Who a member is, and what that proves.
- SWSS IVLIdentity Verification Layer
- The identity, verification and credentialing authority of the ecosystem. It authenticates a member and signs what that member approves. It holds no balance, stakes nothing and bridges nothing: everything a member's money does belongs to SWSS App. Read more
Products and naming
Names that mean something specific here.
- SWSS RWAX
- The real world asset platform, formerly named SWSS Estate. They are the same product under two names, and the old domain no longer resolves. An identifier containing estate refers to RWAX before the rename, not to a separate product. Read more
- SWSS AI OwlX v1
- The ecosystem's own reasoning model, powering the SWSS AI platform and every SWSS AI Agent. Four layer architecture with a Zero Hallucination Mode and an Edge Mode, running on SWSS InfraX. Read more
- SWSS Scan
- The block explorer for both public networks, and where a Finality Certificate is checked. Separate hosts serve mainnet and testnet. Read more
- NodeX
- The validator infrastructure layer: five staking tiers, Finality Certificate co signing and key custody. Validator operations are NodeX's domain and nothing else's. Read more
Where these definitions come from
The specification is the authority for every term on this page. Where a definition involves a number that the networks themselves report, such as a protocol version, that number is read from the chain rather than written down here.